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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (3583)	3/22/2001 11:14:23 PM
From: Julius Wong	of 4916

Stock funds bleed record $15 billion Also: Money market funds take in $40 billion By Craig Tolliver, CBS.MarketWatch.com Last Update: 8:16 PM ET Mar 22, 2001 SANTA ROSA, Calif. (CBS.MW) - Investors continued to flee from stock mutual funds, pulling a record $15 billion in assets in the latest week, Mutual Funds Trim Tabs reported Thursday. For the five-day period ending Wednesday, investors set a new weekly record by walking away with $15.3 billion, according to director of research Carl Wittnebert. This builds on the previous week's outflows of $7.4 billion in assets.

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